Can My Mom Add Me to Her $40k Account to Avoid Taxes When She Passes?

Unfortunately, this scenario may not play out as intended, but it does have some potential benefits. Taxes on gifts and ...
AgWeb

Tax Acts and Estate Plans: What You Need to Know About the Changes for 2026

Taxes shouldn't drive a farm’s succession and estate plan, says Polly Dobbs, an estate planning and wealth transfer ...
JD Supra

One Big Beautiful Bill: Estate and Gift Tax Exclusion and the Generation-Skipping Transfer Tax Exemption Increases to $15 Million

The One Big Beautiful Bill (OBBB), which passed on July 3 and is expected to be signed by President Donald Trump by July 4, increases the amount individuals may transfer for federal estate, gift, and ...
JD Supra

Federal Estate, Gift and GST Tax Highlights from the One Big Beautiful Bill Act

The recently enacted One Big Beautiful Bill Act (OBBBA) brings sweeping and permanent changes to the federal estate, gift and generation-skipping transfer (GST) tax landscape. Most notably, it ...

New Trump 2025 Tax Bill and Your Taxes: What You Need to Know

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...
Financial Advisor

How The $28M Estate Tax Exemption Countdown Is Driving Financial Planning

With the Tax Cuts and Jobs Act (TCJA) sunset provision set to expire December 31, 2025, America’s wealthiest families may have just six months to transfer up to $28 million tax-free. Without ...